Benj Gallander - Geopolitics in Junior Mining: Why is this important?

SNNLive spoke with Benj Gallander, President of Contra the Heard at Cambridge House International's Toronto Resource Investment Conference 2013.

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Friday, October 18, 2013

Contra the Heard is an information service for independent individual investors. Our goal at Contra is to profitably invest our money while sharing with you the whys and wherefores of the investment choices that we make. In this Wall Street View, our host spoke with Benj Gallander, President of Contra the Heard at Cambridge House International's Toronto Resource Investment Conference 2013.

“Well, it’s a fascinating time in the mining industry for a lot of the junior miners here, its very difficult for them to raise money at this point and time. So a lot of them here are trying to get the word out, trying to gain interest, they want to look at that mine they’ve got in mind or the mines they have in mind, and some have them out there already; they’re looking to raise more fund or they’re just trying to get the word out. I think for miners right now, especially juniors, its very difficult,” Mr. Gallander begins.

When asked about the trend of investing in local mining sites, Mr. Gallander responds, “To Contra the Heard, we look to invest and diversify, so invest in Canada, invest in the States, we’ve got one company in France…we’ve got a company in China but when we look to invest in our companies we’re always worry of countries where there’s a lot of corruption… the government might step in and change the regulations at any moment in time. I was speaking in South Africa, the conference a lot of mining companies there last May, and you really have to be careful where you invest. If you decide to invest in Canada or in the States in a mining company, you’ve got far more certainty that the governments will treat you fairly, in other countries a lot more danger.” For more information about Contra the Heard, check out his website: http://www.contratheheard.com.